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Steve Hopwood's Basket Multi-pair Auto-trading Robot

  • #201
  • Nov 11, 2010 10:02am Nov 11, 2010 10:02am
I decided E2u's method deserves serious investigation.

http://www.forexfactory.com/showthre...72#post4165572

  • #202
  • Nov 11, 2010 11:18am Nov 11, 2010 11:18am
Quoting dryclean
I have a about 3 different settings of this bot going one doing well the other are marginal. Will try this Hedge one also. One of these is gonna work. I'm going t Panama tomorrow for 5 days and will let them just run be interesting when I get back to see where they are

ps I got rid of all the big spread pairs
You might want to also compare this with the BWBB T101 one too haha. So many robots/settings to test!
  • #203
  • Nov 11, 2010 2:06pm Nov 11, 2010 2:06pm
Hello all,
please consider the modification by way of functionality, as seen on the attached. It involves making two additional buttons for placing All-Sells or All-Buys, in a manual mode to the EA.

At the times of the opening or closing of markets the momentum on the baskets pick up, as can be seen with a BasketCandles EA {or just looking a the direction, most of the pairs on the BWB is in, [Mostly Red = All Sell], [Mostly Green = All Buy]}. The basket goes net Buy or net Sell For reasonable time sometime minutes. In that time, if all sells or All Buys are placed you have a window of opportunity to bag quick sizable pips. Similar thing occurs around the Fundies/Announcements/News.

Have been doing this with a script/EA that places All Pairs as Buy or sell and the possibilities are definitely worth attention. If it could be done from the functionality of the BWB, it wold be far more efficient, lending itself to possible back testing etc.

With this in mind, the request is made for the talented amongst us to provide some help on this. It will be this additional functionality, all else remain on the BWB, Money Management, Hedging etc.

Thanks for numerous contributions here, All.

Bless
Attached Image (click to enlarge)
Click to Enlarge Name: Possible Additional Functionality for BWB-SteveHopwood-2.jpg Size: 338 KB
  • #204
  • Nov 11, 2010 2:22pm Nov 11, 2010 2:22pm
Quoting pathumracled
Hello all,
[color=black][font=Verdana]please consider the modification by way of functionality, as seen on the attached....
did u even mailed this ti Steve?
Hero calls followed by margin calls...
  • #205
  • Nov 13, 2010 7:40am Nov 13, 2010 7:40am
Quoting pathumracled
Hello all,
[color=black][font=Verdana]please consider the modification by way of functionality, as seen on the attached....
it looks like good idea to me

cheers
  • #206
  • Nov 13, 2010 12:47pm Nov 13, 2010 12:47pm
Quoting pathumracled
Hello all,
[color=black][font=Verdana]please consider the modification by way of functionality, as seen on the attached....
Done and uploaded to post 1. It needs testing - something I cannot do whilst the markets are closed.

  • #207
  • Nov 13, 2010 3:01pm Nov 13, 2010 3:01pm
Quoting SteveHopwood
Done and uploaded to post 1. It needs testing - something I cannot do whilst the markets are closed.

'Will Forward test at the opening of the markets and provide feeback as the week progresses.

Bless!
  • #208
  • Nov 13, 2010 4:50pm Nov 13, 2010 4:50pm
Quoting argon
it looks like good idea to me

cheers
Hello Argon,
as long as you are not greedy and you wait till everyone else is buying or selling (when most of your basket is coloured in that way, red or green) and do the same, with a “scalping mentality” you can make a decent gain, but then you have to leave!! Then await the next charge (often in th eother direction), leaving that too, if you can before it ends.

To reduce the risk of being crushed I have up loaded a copy of “BasketCandles” indicator, that has been useful {here with the pairs on the default BWB}, not the best but it can tell you when the basket is mostly bullish or bearish. The inputs need to be adjusted, to go against your Host Screen colour. I think with the default it works on Black background, no curve, no grids or period separators.

When you see a large candle forming (or a succession of candles of one colour on your T/F), best to think intraday and for this manual… focus on M5 or less. Ride the Geyser not dive in after it. Geysers come from Volcanoes after all, imagine what may happen to the pound of flesh if you actually took it into the volcano proper.

My $0.02 for now. Be creative, inventive even, as regardless of WHAT!, we only profit if we Sell for more than we Buy or Buy for less than we will eventually Sell@... Repeatedly and consistently.


Bless!!
Attached File(s)
File Type: mq4 (g23) BasketCandles_v1.20.1_rac.mq4   11 KB | 609 downloads
  • #209
  • Nov 14, 2010 4:13am Nov 14, 2010 4:13am
Quoting pathumracled
Hello Argon,
as long as you are not greedy and you wait till everyone else is buying or selling (when most of your basket is coloured in that way, red or green) and do the same, with a “scalping mentality” you can make a decent gain, but then you have to leave!! Then await the next charge (often in th eother direction), leaving that too, if you can before it ends.

[color=black][font=Verdana]To reduce the risk of being crushed I have up loaded a copy of “BasketCandles”...
thanks for shearing,
and yes, you are right about greed !!! it is The Beast !
and yes we should wait until majority buys / sells and then jump on the board , agree 100 % !

cheers
  • #210
  • Nov 14, 2010 6:52pm Nov 14, 2010 6:52pm
Hell All,
Just a sample of how the combination may be put to use.

Bless
Attached Image (click to enlarge)
Click to Enlarge Name: Sampe BWB (manual) & BasketCandles Combo.jpg Size: 450 KB
  • #211
  • Nov 17, 2010 8:00pm Nov 17, 2010 8:00pm
I was out of town for 5 days I left BWB running on demo and saw it was up over 200on a 1000 account but looking further I see it has not traded since 11-12 I have it running on another computer same thing. i've restarted it recompiled it reloaded it any reason why it is not trading
it says trading on the top action line
  • #212
  • Nov 18, 2010 4:38am Nov 18, 2010 4:38am
from page 1
not sure the bot is resetting

i've rebooted reloaded recompiled it just sits here
I feel the bot it has potential but i can not test it

- code changes:
- i rearranged the code to clarify the logic: i coded the trading logic in the start() loop as a clean "state machine", to remove various "colliding" variables...
  • #213
  • Nov 18, 2010 7:38am Nov 18, 2010 7:38am
Quoting dryclean
from page 1
not sure the bot is resetting

i've rebooted reloaded recompiled it just sits here
I feel the bot it has potential but i can not test it

- code changes:
- i rearranged the code to clarify the logic: i coded the trading logic in the start() loop as a clean "state machine", to remove various "colliding" variables...

-1- Make sure also that you have the MT4 "Expert Advisors" button pushed (green, not red).

-2- When you start the bot, it is ALWAYS in "NOT TRADING" (red) mode.
You must double-click + move the "[START BasketWithBalls]" button to kick its a*s...
it should switch to "TRADING" displayed in green.

SQ
  • #214
  • Nov 18, 2010 7:43am Nov 18, 2010 7:43am
Quoting squalou
-1- Make sure also that you have the MT4 "Expert Advisors" button pushed (green, not red).

-2- When you start the bot, it is ALWAYS in "NOT TRADING" (red) mode.
You must double-click + move the "[START BasketWithBalls]" button to kick its a*s...
it should switch to "TRADING" displayed in green.

SQ
I know the above did both rebooted computer recompiled the file
tried several times. Is there a buffer file somewhere that may need deleting or zeroing out

It says the green trading on top but been like that a long time
  • #215
  • Nov 18, 2010 8:05am Nov 18, 2010 8:05am
I just tried it again out-of-the-box, and it works fine with me.

When your load it, you should get an Alert message saying "NOT TRADING".

The dashbaord appears;

Then, when you "start" it, another Alert pops with "Robot has re-started", and another one with "TRADING".

Then it enters trades almost immediately.

No other "Alert" messages popping ?
(like "invalid trade volume" if your broker your account does not allow 0.01 lot for instance)

I cannot see other reason yet.

Check the Expert log to see if trades opening are rejected and if so, why.


SQ
  • #216
  • Nov 18, 2010 8:09am Nov 18, 2010 8:09am
Quoting squalou
I just tried it again out-of-the-box, and it works fine with me.

When your load it, you should get an Alert message saying "NOT TRADING".

The dashbaord appears;

Then, when you "start" it, another Alert pops with "Robot has re-started", and another one with "TRADING".

Then it enters trades almost immediately.

No other "Alert" messages popping ?
(like "invalid trade volume" if your broker your account does not allow 0.01 lot for instance)

I cannot see other reason yet.

Check the Expert log to see if trades opening are rejected...
Thanks I did do all of the above but will check it out I will even restart with a new demo acct too.
  • #217
  • Nov 18, 2010 8:48am Nov 18, 2010 8:48am
I think I found the problem. I reedited the ea to have the internal RSI set to 70 /30 from 55/45 and nothing has qualified since 11-12 I guess. Which is wierd.... But saying that since 11-8 to 11-12 I was up 22% but there has been no trades since last Fri which i can't believe ... that's why i thought something was a foul.....

we are testing you know
thanks for your time SQ
  • #218
  • Nov 18, 2010 10:44am Nov 18, 2010 10:44am
Quoting dryclean
I think I found the problem. I reedited the ea to have the internal RSI set to 70 /30 from 55/45 and nothing has qualified since 11-12 I guess. Which is wierd.... But saying that since 11-8 to 11-12 I was up 22% but there has been no trades since last Fri which i can't believe ... that's why i thought something was a foul.....

we are testing you know
thanks for your time SQ
Rsi is used to detect a trend. If you have it set so hi/lo then it will mostly detect ranges and so not trade. It is not used to detect overbought/sold levels.

  • #219
  • Nov 18, 2010 10:59am Nov 18, 2010 10:59am
Quoting SteveHopwood
Rsi is used to detect a trend. If you have it set so hi/lo then it will mostly detect ranges and so not trade. It is not used to detect overbought/sold levels.

Got it
a combo of the right RSI level and length and time frame could make this work well.
I'm looking for it
right now testing 60/40 rsi 13 H1 on AUDUSD,EURUSD,GBPUSD,USDCAD,USDCHF,USDJPY
  • #220
  • Dec 2, 2010 12:10pm Dec 2, 2010 12:10pm
are you still testing??
Vincit qui se vincit.
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